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GC Asia
BTL Borrowers Face Higher Underwater Risk
Buy-to-let borrowers are at a higher risk of experiencing negative equity of their properties than owner-occupied loans, according to Standard & Poor’s.
Buy-to-let borrowers are at a higher risk of experiencing negative equity of their properties than owner-occupied loans, according to Standard & Poor’s. S&P warned that even in modest declines in house prices over the next two years could send more than 30% of buy-to-let loans under water, compared
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